SCAGLIOTTI NACKEY E 4
4 · Scripps Networks Interactive, Inc. · Filed Mar 8, 2018
Insider Transaction Report
Form 4
SCAGLIOTTI NACKEY E
Director
Transactions
- Disposition from Tender
Option
2018-03-06−5,096→ 0 totalExercise: $53.38From: 2013-05-15Exp: 2020-05-14→ Class A Common Shares (5,096 underlying) - Disposition from Tender
Option
2018-03-06−3,837→ 0 totalExercise: $68.14From: 2014-05-14Exp: 2021-05-13→ Class A Common Shares (3,837 underlying) - Disposition from Tender
Option
2018-03-06−4,376→ 0 totalExercise: $75.16From: 2015-05-13Exp: 2022-05-12→ Class A Common Shares (4,376 underlying) - Disposition from Tender
Class A Common Shares, $.01 par value per share
2018-03-06−682,328→ 0 total - Disposition from Tender
Option
2018-03-06−5,231→ 0 totalExercise: $44.10From: 2011-04-28Exp: 2018-04-27→ Class A Common Shares (5,231 underlying) - Disposition from Tender
Class A Common Shares, $.01 par value per share
2018-03-06−104,502→ 0 total(indirect: By GRAT) - Disposition from Tender
Common Voting Shares, $.01 par value per share
2018-03-06−612,783→ 0 total - Disposition from Tender
Option
2018-03-06−14,571→ 0 totalExercise: $27.01From: 2010-04-29Exp: 2019-04-28→ Class A Common Shares (14,571 underlying) - Disposition from Tender
Option
2018-03-06−4,294→ 0 totalExercise: $51.76From: 2012-05-18Exp: 2019-05-17→ Class A Common Shares (4,294 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated July 31, 2017 (the "Merger Agreement"), by and among Discovery Communications, Inc. ("Discovery"), the Issuer and Skylight Merger Sub, Inc., the reporting person's shares were converted into the right to receive, at the election of the reporting person, (i) mixed consideration of $65.82 in cash and 1.0584 shares of Discovery Series C common stock for each share, (ii) $90.00 in cash for each share or (iii) 3.9392 shares of Discovery Series C common stock for each share, subject to the terms and conditions set forth in the Merger Agreement including, in the case of an election to receive all cash or all stock, the proration procedures in the event that cash or stock is oversubscribed.
- [F2]Pursuant to the Merger Agreement, each outstanding option to purchase Class A Common Shares was cancelled in exchange for a cash payment equal to the excess of $90.00 over the exercise price of such option.